Midland Holdings Limited () is one of the largest

real estate brokerage Real estate agents and real estate brokers are people who represent sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agen ...

companies in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

. It provides

residential A residential area is a land used in which houses, housing predominates, as opposed to industrial district, industrial and Commercial Area, commercial areas. Housing may vary significantly between, and through, residential areas. These include ...

, industrial and

commercial Commercial may refer to: * (adjective for) commerce, a system of voluntary exchange of products and services ** (adjective for) trade, the trading of something of economic value such as goods, services, information or money * a dose of advertising ...

property brokerage services in Hong Kong,

Macau Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by p ...

and the

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

. The company was established in 1973 by Mr. Freddie Wong Kin Yip and started as a small real estate agency in

Mei Foo Sun Chuen Mei Foo Sun Chuen or simply Mei Foo is a large private housing estate in Lai Chi Kok, Kowloon, Hong Kong. Mei Foo Sun Chuen was the first large scale private housing estate in Hong Kong and at the time of completion, the 99-tower complex ...

Kowloon Kowloon () is one of the areas of Hong Kong, three areas of Hong Kong, along with Hong Kong Island and the New Territories. It is an urban area comprising the Kowloon Peninsula and New Kowloon. It has a population of 2,019,533 and a populat ...

. It was listed on

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...

in 1995. Its main

competitor Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individ ...

in Hong Kong and Macau is

Centaline Holdings {{Infobox company , name = Centaline Property Agency Limited 中原地產代理有限公司 , logo = Centaline_Property_logo.png , type = privately owned company , genre = , foundation = 1978 , founder = , location_country = Hong Kong , ...

Corporate Development

In December 2018, it was reported that Freddie Wong had offered to buy 57.44 million shares of Midland Holdings from qualified shareholders at a market premium of 28% over recent closing price, making the effective offer price at HKD 2.00 per share. This could increase his and his connected parties' shareholding of the company from 27% to 35%.

Disputes

In the 2014 June annual general meeting of the company, the management team was questioned by the company's second largest shareholder, Apex Benchmark on over payment of remuneration to directors of the company. Apex Benchmark held 10.54% of company shares while Freddie Wong and family held 27.89%. Thereafter, Midland Holdings had requested law enforcement agency to investigate into Apex Benchmark about its bad mouthing the company. In August 2014, the deputy chairman of Midland Holdings, Angela Wong had said that the company would sue its shareholder Apex Benchmark for damaging the company's reputation.

References

External links

{{commons category, Midland Holdings
Midland Holdings LimitedMidland Realty
Companies listed on the Hong Kong Stock Exchange Real estate companies established in 1973 Property agencies of Hong Kong 1973 establishments in Hong Kong